Tag: tag along dependents

Question: Do the Section 125 mid-year election change rules allow for the addition of “tag along” dependents when a child is added mid-year due to a Qualified Medical Child Support Order? Answer: Under the IRS rules (http://www.irs.gov/pub/irs-regs/td8921.pdf), if the plan so allows for mid-year changes (not all plans do) and has “tag along” rules included…